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Midwest Holding (Midwest Holding) Net Margin % : 2.34% (As of Sep. 2023)


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What is Midwest Holding Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Midwest Holding's Net Income for the three months ended in Sep. 2023 was $0.39 Mil. Midwest Holding's Revenue for the three months ended in Sep. 2023 was $16.42 Mil. Therefore, Midwest Holding's net margin for the quarter that ended in Sep. 2023 was 2.34%.

The historical rank and industry rank for Midwest Holding's Net Margin % or its related term are showing as below:

MDWT' s Net Margin % Range Over the Past 10 Years
Min: -578.31   Med: -82.09   Max: 23.76
Current: -10.26


MDWT's Net Margin % is not ranked
in the Insurance industry.
Industry Median: 8.115 vs MDWT: -10.26

Midwest Holding Net Margin % Historical Data

The historical data trend for Midwest Holding's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Midwest Holding Net Margin % Chart

Midwest Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -578.31 -168.65 -117.56 -55.34 23.76

Midwest Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.11 -113.41 9.96 -13.36 2.34

Competitive Comparison of Midwest Holding's Net Margin %

For the Insurance - Life subindustry, Midwest Holding's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midwest Holding's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Midwest Holding's Net Margin % distribution charts can be found below:

* The bar in red indicates where Midwest Holding's Net Margin % falls into.



Midwest Holding Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Midwest Holding's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=7.14/30.049
=23.76 %

Midwest Holding's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=0.385/16.419
=2.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Midwest Holding  (NAS:MDWT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Midwest Holding Net Margin % Related Terms

Thank you for viewing the detailed overview of Midwest Holding's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Midwest Holding (Midwest Holding) Business Description

Traded in Other Exchanges
N/A
Address
2900 South 70th Street, Suite 400, Lincoln, NE, USA, 68506
Midwest Holding Inc is a financial service holding company. The company is engaged in the underwriting and marketing of life insurance products through American Life. Its product offerings consist of a multi-benefit life insurance policy that combines cash value life insurance with a tax-deferred annuity and a single premium term life product. These product offerings are underwritten, marketed, and managed as a group of similar products on an overall portfolio basis. Geographically, the activities are carried out throughout the region of the United States.
Executives
Knott David M Jr 10 percent owner DORSET MANAGEMENT CORPORATION, 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Diane C. Davis director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Nancy Lyons Callahan director 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Kevin Martin Sheehan director 115 PINE BROOK ROAD, BEDFORD NY 10506
Knott Partners Lp 10 percent owner 485 UNDERHILL BOULEVARD, SUITE 205, SYOSSET NY 11791
Eoin Elliffe officer: Chief Risk Officer 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Daniel Scott Maloney officer: EVP-Accounting & Finance (PAO) 5250 S. SIXTH ST, C/O UNITED TRUST GROUP, SPRINGIELD IL 62703
Yadin Rozov director 9 TERRACE CIRCLE, ARMONK NY 10504
Eric N. Berg officer: Chief Financial Officer 2900 SOUTH 70TH STREET, SUITE 400, L NE 68506
Michael W. Minnich director, 10 percent owner, officer: Co-Chief Executive Officer 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003
Jack Theeler director 8101 O STREET, SUITE S111, LINCOLN NE 68510
Georgette C. Nicholas officer: President & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Stephen Alan Mace officer: General Counsel 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Debra Havranek officer: VP & CFO 2900 SOUTH 70TH STREET, SUITE 400, LINCOLN NE 68506
Michael Minnich director, 10 percent owner, officer: Executive Chairman 7 EAST 20TH STREET, APARTMENT 12F, NEW YORK NY 10003